1. The only relevant costs in non-routine decision making are future costs that

Q: 1. The only relevant costs in non-routine decision making are future costs that

(1). True - Relevant costs in non-routine decision making are future costs that vary among different decision alternatives,beacuse of variable cost which is to be incurred in it. Fixed cost is irrelevant for "Relevant costing".

ID: 2420887 • Letter: 1

Question

1. The only relevant costs in non-routine decision making are future costs that vary among decision alternatives. True or False? 2. In deciding whether to sell an old copy machine and buy a new one for your business, the current resale value of the existing old machine is an opportunity cost and relevant to the decision is sunk cost and irrelevant to the decision an opportunity cost and irrelevant to the decision a sunk cost and relevant to the decision 3. In deciding whether to buy a new copy machine for your business and assuming the existing old machine has no resale value, the original purchase price of the old machine is an opportunity cost and relevant to the decision a sunk cost and irrelevant to the decision an opportunity cost and irrelevant to the decision a sunk cost and relevant to the decision

Explanation / Answer

(1). True - Relevant costs in non-routine decision making are future costs that vary among different decision alternatives,beacuse of variable cost which is to be incurred in it. Fixed cost is irrelevant for "Relevant costing".

Navigate

1. The one-way ANOVA is a little different from other tests because it uses the

1. The only risk you would NOT have in loaning money to the United States Govern

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.

1. The only relevant costs in non-routine decision making are future costs that

Question

Explanation / Answer

Related Questions

Navigate